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China to Accelerate Shale Gas Industrialization

By Xinhua News
June 26, 2012
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A senior Chinese official on Monday called for the country to speed up mass production of shale gas with its own technologies to ensure adequate energy supply.

Efforts must be made to achieve early breakthroughs in the appraisal, exploration and development of shale gas resources, as well as to come up with measures to ensure environmental safety, Liu Tienan, deputy head of the National Development and Reform Commission, said at a meeting.

Liu, also head of the National Energy Administration, underlined the necessity to manufacture key mining equipment with indigenous Chinese technology.

Factories should increase investment and production to guarantee success in meeting the national output target of 6.5 billion cubic meters for 2015.

Read Full Article HERE

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